eThe riverside real estate market in HCMC is experiencing significant shifts in living space standards and valuation frameworks. The latest market updates from Savills Vietnam below provide a comprehensive outlook on this premium segment, while highlighting residential projects that offer ideal connectivity and prized views of the Saigon River, creating a benchmark for sustainable living tailored to modern investors. Discover the latest riverside apartments in HCMC insights from Savills. Explore our curated selection of premium Saigon River view apartments featuring prime locations and exceptional living landscapes.

Table of Contents 1. Current Market Trends and Shifts in Waterfront Real Estate Developments 1.1 Limited Supply and Value Polarisation Across Saigon River Projects 1.2 Average Pricing For Riverside Real Estate In HCMC 2. A Curated Portfolio Of The Most Liveable Riverside Apartments In HCMC 2.1 The Metropole Thu Thiem 2.2 The River Thu Thiem 2.3 Empire City 2.4 Vinhomes Central Park 2.5 Sunwah Pearl 2.6 d’Edge Thao Dien 2.7 Diamond Island 2.8 The Midtown Phu My Hung 2.9 Palm River 2.10 Opal Riverside 2.11 Gladia By The Waters 2.12 Grand Marina Saigon 3. Benefits To Invest In Riverside Apartments In HCMC 4. Conclusion

1. Current Market Trends: Shifting Dynamics in Riverside Developments  

1.1 Limited Supply and Value Polarisation Across Saigon River Projects 

Riverside apartments in HCMC continue to occupy the premium segment of the housing market, supported by limited waterfront supply, established green spaces and access to integrated amenities. Demand remains resilient, particularly for developments that combine river views with strong connectivity and master-planned environments.  

Opportunities for large-scale riverfront development in central locations are becoming increasingly limited. Most waterfront sites in District 1 and Binh Thanh have already been developed, while new supply is concentrated in areas such as Thu Thiem, Thanh My Loi and parts of South HCMC. This constrained supply has supported a pricing premium for riverfront properties compared with comparable inland developments. 

As infrastructure investment expands and urban development extends along major river corridors, buyer and investor interest is increasingly directed towards emerging waterfront districts and planned urban areas. These locations offer the potential for future growth, supported by improving connectivity, expanding amenities and the availability of larger development sites. 

1.2 Average Pricing For Riverside Real Estate In HCMC

Developments offering direct river views or immediate proximity to the Saigon River typically command a 20-40% price premium. In the luxury and ultra-luxury segments, this pricing premium can reach as high as 50-80% compared to inland projects with similar specifications.

2. A Curated Portfolio of the Most Liveable Riverside Apartments in HCMC 

2.1 The Metropole Thu Thiem

• Address: N11 Street, An Khanh Ward 
• Developer: Quoc Loc Phat 
• Co-developer: SonKim Land Corporation (SonKim Land) 
• Scale: 1,300 apartments, 4 functional zones, and 8 towers with 12 to 24 levels
• For detailed information: (+84) 96 96 96 201 

Situated in Functional Zone 1 of the Thu Thiem New Urban Area (NUA), Thu Duc City, the development is a luxury mixed-use complex comprising residential, office, and commercial spaces developed by SonKim Land. 

Located at the foot of Ba Son Bridge, The Metropole Thu Thiem offers direct connectivity to District 1 and panoramic views of the Saigon River and Bach Dang Wharf. The development is positioned near major cultural, civic and commercial landmarks, including Central Plaza, the Convention Center and the future Opera House. Residents also benefit from immediate access to the riverside park, located just 50 m away, providing extensive green space and waterfront walking paths. 

The Metropole Thu Thiem comprises four phases, with the earlier phases already handed over and operational. The Opusk Residence, the fourth and final phase, incorporates enhanced design and amenity standards developed throughout the project. Construction is in its final stages, with handover scheduled for 2026. 

2.2 The River Thu Thiem

• Address: 23 Tran Bach Dang Street, An Khanh Ward. 
• Developer: Thu Thiem River Park Real Estate Investment JSC. 
• Co-developers: Refico and CII. 
• Scale: 3 towers. 
• For detailed information: (+84) 96 96 96 201. 

The River Thu Thiem is a luxury residential project designed on a horizontal layout featuring three towers: The Seine (12 levels), The Thames (18), and The Hudson (18). The development supplies a total of 525 premium units, including 501 standard apartments, 12 penthouses, and 12 pool villas. 

With nearly 100 m of direct Saigon River frontage, the development is positioned alongside a landscaped park of almost 4 ha, creating a distinctive waterfront living environment. The architecture is designed to maximise natural light and views, with many apartments overlooking the river. Residents also benefit from convenient access to key destinations in Thu Thiem, including the International Financial Centre, Central Square and neighbouring urban areas. 

2.3 Empire City

• Address: 2B Mai Chi Tho, An Khanh. 
• Investor: Empire City Limited Liability Company (JV). 
• Co-developers: Keppel Land, Gaw Capital Partners, Tien Phuoc, and Tran Thai. 
• Scale: 14.5 ha, 11 towers, 2,600 luxury units. 
• For detailed information: (+84) 96 96 96 201. 

Located along the Saigon River in the Thu Thiem NUA, Empire City is a large-scale mixed-use development designed around sustainable urban planning principles. The project incorporates low building density, extensive public spaces, a central plaza and a riverside promenade spanning nearly 1 km, alongside landscaped green areas and open-air corridors that enhance the living environment.  

A defining feature of the development is Empire 88 Tower, which is planned as one of Viet Nam's tallest buildings. The tower incorporates a distinctive vertical garden concept, integrating greenery throughout the structure and contributing to the project's architectural identity. 

2.4 Vinhomes Central Park 

• Address: Dien Bien Phu Street, Ward 22, Binh Thanh District. 
• Developer: Vingroup Group. 
• Co-developer: Tan Lien Phat Investment and Construction JSC. 
• Scale: 43.91 ha, 18 towers, 88 villas. 
• Hotline: (+84) 96 96 96 201  

Vinhomes Central Park (also known as Vinhomes Tan Cang) is the first fully integrated, multi-functional mega-urban development by Vingroup Group in HCMC. The project boasts an exceptional geographical advantage with over 1 km of direct frontage along the Saigon River. Situated adjacent to the core of District 1, it takes only about a 3-min drive to connect to the city centre and major arterial routes such as Dien Bien Phu Street and Hanoi Highway.  

Planned as a self-contained urban township, the project seamlessly integrates a diverse portfolio of real estate products, ranging from modern residential towers to an exclusive villa enclave, coupled with world-class social infrastructure including Vinmec Central Park International General Hospital and the Vinschool inter-school system. 

A defining feature of the township is its extensive amenity offering, centred around the 14-ha Vinhomes Central Park along the Saigon River. The park provides a substantial green space for residents and visitors, with landscaped gardens, walking paths and recreational facilities. 

The development is anchored by Landmark 81, the tallest building in Viet Nam, which houses retail, dining, entertainment and observation facilities. Following several years of operation, the township has established a mature residential community and benefits from strong connectivity to key destinations across HCMC's eastern corridor.

2.5 Sunwah Pearl 

• Address: Nguyen Huu Canh Street, Ward 22, Binh Thanh District. 
• Developer: Sunwah Group. 
• Co-developer: Sunwah Group. 
• Scale: 19,071 sq m, comprising 1 office tower (30 levels) and 3 residential towers. 
• Hotline:(+84) 96 96 96 201

Positioned right at the foot of the Thu Thiem 1 Bridge and boasting a direct waterfront facade along the Saigon River, Sunwah Pearl serves as a strategic transit hub on the border between District 1 and Binh Thanh District, allowing residents to commute to the core financial district or the Thu Thiem Peninsula within a mere 3-min drive. 

With sophisticated, wide-angle undulating layout of its towers, the project unveils a coveted "two-in-one" panoramic view, capturing the natural ecological flow of the Saigon River and the vibrant urban life facing the Thu Thiem NUA and the Landmark 81 tower. Complementing the river's natural green corridor, the interior of the development integrates a comprehensive, international-standard enclosed amenity ecosystem. This includes a wide-angle infinity pool overlooking the Saigon River, a state-of-the-art gym, children's playgrounds, a helipad, and a bustling commercial podium, fully satisfying the living and working demands of an elite community and expatriates in the city. 

2.6 D’Edge Thao Dien (Thu Duc City) 

• Address: No. 213 Nguyen Van Huong Street, Thao Dien Ward, Thu Duc City. 
• Developer: CapitaLand Development, in cooperation with Saigon Trading and Tourism JSC (SpCo). 
• Co-developer: CapitaLand Development (CLD). 
• Scale: 7,900 sq m, 2 residential towers (22 levels). 
• Hotline:(+84) 96 96 96 201

Situated in the heart of Thao Dien, Thu Duc City, d'Edge Thao Dien is a luxury residential development by CapitaLand comprising two towers, Aire and Breeze. The project is designed around complementary living concepts, with Aire focused on a family-oriented environment supported by private resident amenities, while Breeze emphasises open spaces, natural light and ventilation. The development is also located near the Saigon River, benefiting from Thao Dien's established residential setting and landscaped surroundings. 

A defining feature of d'Edge Thao Dien is its rooftop glass-bottom infinity pool, which links the two towers and offers panoramic views across Thao Dien and the Saigon River. The project maintains a relatively low unit count and incorporates private lift access for selected residences, enhancing privacy for residents. A range of wellness, recreational and lifestyle facilities further supports its appeal among owner-occupiers and expatriates seeking a quieter residential environment within HCMC.

2.7 Diamond Island (Thu Duc City) 

• Address: Street No. 10, Binh Trung Tay Ward, Thu Duc City (located at the confluence of the Saigon River and Giong Ong To River). 
• Developer: Kusto Group. 
• Co-developer: Kusto Home. 
• Scale: 8 ha, 6 residential towers averaging 25 to 29 levels. 
• Hotline: (+84) 96 96 96 201

Located at the confluence of the Saigon River and Giong Ong To River in Thu Duc City, Diamond Island is a residential development by Kusto Home distinguished by its rare three-sided waterfront setting. The riverfront location provides extensive water views, a sense of separation from the surrounding urban area and convenient access to key destinations across HCMC. 

The development is characterised by a low construction density of 13.5%, with a significant proportion of the site dedicated to landscaped green space and resident amenities. Facilities include swimming pools, sports and wellness areas, gardens and communal recreation spaces designed to support a family-oriented living environment. 

Diamond Island also offers a range of amenities for children, including educational and recreational facilities, alongside on-site services that cater to the needs of multi-generational households. Its combination of waterfront positioning, extensive open space and comprehensive amenity provision has helped establish the project as one of the more distinctive residential communities in Thu Duc City. 

2.8 The Midtown Phu My Hung  

• Address: Nguyen Luong Bang Avenue, Tan Phu Ward, District 7. 
• Investor: Phu My Hung Development Corporation. 
• Co-developers: Phu My Hung Development Corporation in partnership with three leading Japanese real estate groups: Daiwa House Group, Nomura Real Estate Development, and Sumitomo Forestry. 
• Scale: 5.6 ha, comprising 4 subdivisions and 2,000 high-end apartments. 
• Hotline: (+84) 96 96 96 201

Located in the Nam Vien precinct of the Phu My Hung urban area in District 7, The Midtown Phu My Hung is a high-end residential development delivered through a joint venture between Phu My Hung Development Corporation and three Japanese real estate groups: Daiwa House, Nomura Real Estate and Sumitomo Forestry. 

A defining feature of the development is Sakura Park, a Japanese-inspired riverside landscape designed around cherry blossom themes. The park provides extensive green space, walking paths and relaxation areas, contributing to the project's distinctive character. Residents also benefit from access to the established infrastructure and amenities of Phu My Hung, including international schools, healthcare facilities, retail centres and office districts, all within a short distance of the development. 

2.9 Palm River

• Address: Song Hanh Road, HCMC – Long Thanh – Dau Giay Expressway, Binh Trung Ward. 
• Investor: Keppel Land (JV with Tien Phuoc and Tran Thai). 
• Co-developers: Keppel Land, Tien Phuoc, and Tran Thai. 
• Scale: 1.68 ha; three 35-level towers with 816 units. 
• Hotline: (+84) 96 96 96 201 

Palm River is a high-end residential component within the Palm City township, developed through a JV between Keppel Land, Tien Phuoc and Tran Thai. Located in Thu Duc City, the development forms part of a larger master-planned community that integrates residential, educational, healthcare and retail facilities. 

A key feature of Palm River is its riverside setting along the Giong Ong To River, which contributes to a green and low-density living environment. Residents have access to a range of amenities within Palm City, including retail spaces, educational institutions and healthcare services, supporting a self-contained residential community. 

The development also benefits from strong connectivity. Positioned near the HCMC - Long Thanh - Dau Giay Expressway and the An Phu interchange, Palm River provides convenient access to District 1, Thu Duc City and neighbouring provinces in the Southeast region. Continued infrastructure improvements in the eastern corridor have further enhanced accessibility and reinforced the area's residential appeal.

2.10 Opal Riverside

• Address: Street No. 10, Hiep Binh Chanh Ward, Thu Duc City. 
• Developer: Dat Xanh Group. 
• Co-developer: Dat Xanh Group. 
• Scale: 20,096.5 sqm, 3 towers (19 levels), 626 apartments and 22 penthouses. 
• Hotline: (+84) 96 96 96 201 

Opal Riverside is a residential development by Dat Xanh Group located near Pham Van Dong Boulevard and the Binh Trieu Bridge area. The project benefits from convenient access to key destinations across HCMC, including Tan Son Nhat International Airport, District 1, Binh Thanh and Go Vap, making it well positioned for residents seeking connectivity to established urban areas. 

Within the development, residents have access to a range of facilities including a reception lobby, community areas, retail spaces, a kindergarten and service-oriented commercial units. Combined with its accessibility and amenity provision, Opal Riverside appeals to owner-occupiers seeking a well-connected residential environment in the eastern part of HCMC. 

A key feature of the development is its riverside setting and landscaped open spaces, which contribute to a greener residential environment. The project includes a riverside park of 1 ha, alongside recreational facilities such as swimming pools, children's play areas and community spaces. These amenities are complemented by on-site retail and service offerings designed to support daily needs.  

2.11 Gladia By The Waters

• Address: Vo Chi Cong Street, Binh Trung Ward (former District 2). 
• Developer: Keppel and Khang Dien. 
• Legal Entities: Doan Nguyen One Member Co., Ltd. and Binh Trung Moi Co., Ltd. 
• Scale: 1.26 ha, 3 towers, and 639 apartments. 
• Hotline: (+84) 96 96 96 201 

Gladia by the Waters is a luxury residential development by Khang Dien and Keppel Land, located within a master-planned waterfront community in Thu Duc City. The project is distinguished by its focus on sustainable urban planning and was the first development in Viet Nam to achieve the BCA Green Mark for Districts certification from Singapore's Building and Construction Authority. 

Sustainability principles are integrated throughout the development, including energy-efficient systems, water-saving initiatives and extensive landscaped green spaces. The planning approach also emphasises walkability, open space and environmental performance, supporting a more sustainable living environment. 

The project's waterfront setting, combined with its sustainability credentials and master-planned design, positions Gladia by the Waters among a new generation of residential developments focused on long-term environmental quality and resident wellbeing.

2.12 Grand Marina Saigon

• Address: 2 Ton Duc Thang, Ben Nghe Ward, District 1.  
• Investor: Masterise Group. 
• Developer: Masterise Homes. 
• Scale: 10-ha site featuring 8 towers ranging from 36 to 47 levels. 
• Hotline: (+84) 96 96 96 201 

Located in the former Ba Son area along the Saigon River in District 1, Grand Marina, Saigon is a branded residential development developed in partnership with Marriott International. The mixed-use project comprises luxury residences alongside office, retail and service components, occupying one of the most established riverfront locations in the city centre. 

A distinguishing feature of the development is its association with the Marriott and JW Marriott brands, with residential services and amenities designed to reflect international hospitality standards. Residents have access to a range of premium facilities and professionally managed services, reinforcing the project's position within the luxury residential segment. 

Grand Marina, Saigon also benefits from strong connectivity. The development is directly linked to Ba Son Station on Metro Line 1, providing convenient access to key districts across HCMC via the city's urban rail network. Its central riverfront location further places residents within close proximity of the CBD, major commercial destinations and lifestyle amenities, while offering views of the Saigon River and surrounding skyline.

3.  Benefits to Invest in Riverside Apartments in HCMC 

• Microclimate advantages and quality living spaces: The Saigon River acts as a natural temperature regulator for real estate developments situated along its banks. The expansive surface area of the water balances humidity and reduces the surrounding ambient temperature by 1 to 2 degrees Celsius compared to dense, high-built inner-city areas. This geographical advantage delivers fresh air while minimising dust and noise pollution, perfectly meeting the rising demand of homebuyers who prioritize health and wellness when choosing a residence. 
• Exclusive amenity systems: This real estate segment consolidates premium amenities designed exclusively for internal residents. Major contemporary developments feature vast riverfront parks, private promenades, and marinas dedicated to transit or leisure. Owning an integrated, secure ecosystem of amenities maintains a high level of privacy while cultivating a community of residents with shared lifestyle values. 
• Permanent, unobstructed views: The wide-open water surface of the Saigon River guarantees long-term, expansive views for residential towers. Unlike inner-city projects that run the risk of being blocked by future construction, waterfront real estate remains unaffected by subsequent changes to surrounding urban planning. This absolute scarcity preserves long-term asset value and acts as a powerful catalyst for capital appreciation in the secondary market. 
• Superior rental yields: High-income demographics, particularly expatriate professionals working in HCMC, consistently seek out waterfront living spaces that offer a superior ecological environment. By aligning perfectly with these standards, river-facing apartments consistently achieve high occupancy, optimal liquidity, and premium rental prices compared to landlocked projects in the same segment, ensuring a stable, resilient cash flow for investors. 

4. Conclusion

The market for riverside apartments in HCMC is evolving beyond views alone, with increasing emphasis on sustainability, green space and quality of life. As opportunities for large-scale riverfront development in central locations become more limited and infrastructure connectivity continues to improve, waterfront projects remain among the city's most sought-after residential assets. For both homebuyers and investors, riverside apartments in HCMC offer a combination of lifestyle appeal, limited supply and long-term value potential. 

FAQs  

1. Why is the pricing structure of riverside apartments in HCMC consistently higher than the competition?  

This price premium is driven by the extreme scarcity of land along the Saigon River, a healthier living environment with cleaner air, and unobstructed panoramic views. These natural advantages help the asset retain its value and achieve stable price appreciation over time.

2. How Do Green Building Standards Influence Modern Riverside Developments? 

Green building standards are increasingly shaping new riverside developments. Features such as energy-efficient systems, water recycling and extensive landscaping can improve environmental performance, support resident wellbeing and reduce long-term operating costs. These attributes are also highly valued by premium occupiers and expatriates. 

3. Why Is Connectivity Important for Riverside Developments?

Strong connectivity helps riverside developments balance a waterfront setting with convenient access to the wider city. Projects located near Metro stations, major road networks or transport hubs typically offer shorter travel times and broader accessibility, supporting both resident demand and long-term value.    

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